Insights
Electricity Market Evolution or Revolution?
21 September 2022
Are electricity markets broken, and do we have to fix them? Or are the electricity markets doing what they are supposed to do, and do we have to complement them with other measures? What are the main measures we need to survive the crisis in the coming months? What are the main lessons learned that could help reform the electricity market?
As Europe is confronted with a severe energy crisis and soaring electricity prices, these are some of the issues that the European Commission is working through with a round of emergency interventions.
Among the steps proposed by the Commission are exceptional measures to reduce electricity demand (and, hence, the cost of electricity for consumers) and measures to redistribute the energy sector’s surplus revenues to final customers.
In this online event, Tim Schittekatte will give an overview of power market design: a starting point to understand how these measures will play out in the current state of affairs of the energy markets.
Watch the video
Moderator:
Lucila de Almeida | FSR and Wageningen University & Research
Speakers:
Tim Schittekatte | FSR and MiT
Catherine Waddams | Norwich Business School of the University of East Anglia
Leigh Hancher | FSR
Leonardo Meeus | FSR
Presentations
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Power market design and the EU energy crisis
Tim Schittekatte (FSR and MIT)
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